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Wolfe-wave

BTC/USDAs expected, the price reached to SP1 area twice, also we have three areas SP1, SP2, and SP3. The bottom should be one of these areas. To confirm that, we can see three Wolfe Waves and the bottom could be on one of these areas. - Two bearish Wolfe Waves, and the remaining targets for these waves are number 5 where these could be in the around the same price. - The Bullish Wolfe Waves, where many TAs have missed this Wolfe Waves, the remaining target for it, is number 6, which is also around number 5 for the bearish targets. From the SP2 or SP3 areas, maybe the end of the down trend and the bounce and the start of the uptrend. - Major note: To confirm the end of the down trend, we should notice high volume get into the market from one of these areas SP1, SP2, or SP3. Note: SP1, and SP2, and SP3 are also representing the Fibonacci retracement levels, as the time goes on, the retracement levels will change. This note is to inform you to focus more on the Fibonacci retracement levels not the prices itself.
BITFINEX:BTCUSD
by NaiF_CHarT
6
Bitcoin Has Found Market Bottom. Bullish Wolfe WaveBitcoin has started a bullish wolfe wave on 2/6/18 with the first point hitting the lower trend line at price 7050. It moves up to point 2 at price 11700 making the upper trend line on 3/5/18. Point 3 is achieved at a retracement to price 6580 on the lower trend line on 4/7/18. Point 4 is achieved at a move up to price 9800 on 5/4/18. The last point, point 5, which is the confirmation, hits the lower trend line at price 6000 on 6/28/18. The target time and price for this pattern is 1400 on 9/15/18 acheieced www.wolfewave.com thepatternsite.com
BLong
by joshuachambers
Bitcoin (BTC) - Potential end of correction in sight (H4/Daily)Hello All! While being in correction phase since December 2017, BTC has been forming grand bullish Wolfe wave (purple). The minor bearish wave (yellow) with its target at point 6 was formed between points III and IV of the major structure and is currently working. Recently, BTC experienced a sharp drop and bounced back to it's present 8.2k Despite the fact that the price touched line 1-4 of the minor wave (yellow), diminishing volume suggests that this bounce will only be short lived and the price will continue its descend to the designated level of 6k: It is worth noting that Fibo fan indicates possible point V of the purple pattern at the same location as the planned target (point 6) of the minor wave. This level represents the possible turning point #1 for the current bearish market. When BTC hit this level back on Feb 6, 2018, the tremendous volume spike clearly showed strong demand and drove the price from 6k area to nearly 12k. If the history repeats itself, we'll see the similiar drastic volume increase and the key bearish trendline (II-IV) will be irrevocably broken. Apparently, this will signify the long awaited end of correction. If the price keeps falling, it may even re-visit 2.9k demand area of Sep 15, 2017. I consider this scenario to be much less likely than the first one, but it's also possible. In any case, significant volume change at key levels can definitely assist in the indication of a turning point. Thank you for reading! Writing Inspiration music: The Big Short soundtrack :-)
BITFINEX:BTCUSDLong
by OceanBlue
2
BTC Potential Bullish Gartley pattern and Wolfe WaveSeeing as today is a dump day for BTC -7.03% , its possible we are seeing a bullish Gartley pattern with possible Wolfe Wave Hoping to enter around $8700+ and take profit between $11600-13500+ Posting this because of noticing the rapid decline and suspecting we are no longer in an Elliott wave pattern Short term bearish , long term bullish but this is one of many estimates. Just a trader who is learning and posting to share idea's and possibly learn more.
COINBASE:BTCUSD
by KondrackiKarl
Wolfe-Wave $17.2kHi All! Wolfe Wave on Bitcoin materialising! A naturally occurring pattern topping the rankings of success rate. Accompanied by another high success rate pattern, inverse Head & Shoulders which eyes the same target. Right into double-top with SCMR dynamic level $17k . BEST OPPORTUNITY to print money is now:):), ) Bearish patterns have continuously been formed on our steady climb up. The response from the market however, has decreased as we proceeded towards the inverse H&S neckline and a massive trend-line from a month ago ($11.7k level). As an example; today, the bears formed a text-book Rising Wedge and broke out downwards, yet they manage to pull off only a $300 drop. Happy bear, happy Bull and sad pig :( Entry: $11150 Take-Profit: $17200 Stop-loss... No. FA: Bitcoin regaining dominance, from 30% it is now 42% and targeting 60%+ till the end of March '18. Please, check out my previous analysis: Senate Testimony which covers the positive US stand on Crypto. All exchanges are actively supporting Bitcoin & Segwit since last week. This is a HUGE shift from the Asian superheroes Star Xu, Ver et al. who wanted to cause as much damage and were flooding the mempool. Now they filled their bags and friends again, I guess. Numerous Huge Investment Institutions have entered Crypto during the February dip. Bears have run out of time. The breakout is Imminent. Their sacrifice will be remembered eternally. Bulls Lambo / Ferrari? In the comments. Happy trading! ;)
BITFINEX:BTCUSDLong
by MarcelV
32
BTC Still correcting, short lived bull runBull flag only half complete? Moving towards point 3 of giant Wolfe wave? Also we have not retraced back yet to 50-62% for a corrective wave. I suspect a short lived bull run back towards the historic resitance trend line then back down to $8000-9000 I traded the corrective wave to have a (5-3-5) ABC (5-3-5) pattern and we seem to be in the ABC pattern now of the corrective wave / bull flag Estimates Target entry $8000-$8800 beginning of March Target profit $14500 March mid to late March First image shows in violet what i hope will be the path of a Wolfe wave leading us to a reversal into wave 2 of a larget Elliot wave Lets add a little head and shoulders maybe?
COINBASE:BTCUSDLong
by KondrackiKarl
BTC bull run pushed by Elliot Wave, Wolfe Wave, Bull Pennant Lets assume that since the bottom We have seen a major Elliott Wave forming and we are in the firs major corrective wave. In the first wave we have seen 5 sub waves and are currently in sub wave C of the corrective wave Its possible that we will see a massive Wolfe wave push us up into a reversal pushed up further by a massive bull pennant forming Following Elliot wave theory the corrective wave is supposed to retract 50-62% which would put our estimated entry between $8400 - $9100 Feeling very bullish for the near future. I am just learning and sharing idea's hoping to learn more
COINBASE:BTCUSDLong
by KondrackiKarl
Will LTC outperform BTC in the short term?BTC/LTC prediction I have been watching the price of BTC and LTC lately as they went through a bull flag while comparing BTC to LTC during the fluctuations and noticing that LTC has been pumping harder then BTC lately which makes me feel LTC will outperform BTC in the short term. If BTC and LTC move towards a double bull flag Wolfe wave then we can see the same pattern in the BTC/LTC valuation. Of course I feel that the BTC/LTC chart doesnt follow the same patterns. I am just learning and sharing idea's hoping to learn more With the idea that BTC will hit $11200 and LTC will hit $240 I estimate that we can see LTC go for Target 1 0.021 Buy back in 0.0205 Target 2 0.02175 BTC
Long
by KondrackiKarl